Gurit H1 2023 Results

Strengthened balance sheet Gurit Jun Dec Jun CHF million 2023 2022 2022 Net Debt Change 78.0 -6.0 84.0 104.2 ■ Reduction in line with free cash flow Equity Ratio Change Gross Debt / EBITDA Change RONA¹) Change 33.8% 31.0% 34.0% Improvements in profits offset by currency +2.8%-pts 2.8x 2.8x 3.3x ☐ Borrowings reduced by CHF 21.1m since December. 4.7% -2.5% 10.8% +7.2%-pts ■ Benefits from an improved "legacy" business 1) Return on net assets: Operating profit less adjusted taxes / net operating assets (including goodwill) Gurit H1 2023 Results | 16/08/2023 | 14

View entire presentation